Hip-Hope Inc
- Assets
- $32.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Des Moines, IA
- Founding
- 09/2016
- Data as of
- 08/2022
- EIN
- 46-4735234
Organization Overview
Hip-Hope Inc is located in West Des Moines, IA. The organization was established in 2016. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hip-Hope Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Hip-Hope Inc generated $150.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $189.9k during the year ending 08/2022. While expenses have increased by 19.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HIP-HOPE INC IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO PROMOTE,ADVOCATE & SUPPORT HOPE THROUGHOUT THE COMMUNITY OF GREATER DES MOINES,IOWA ESPECIALLY WHERE SYMPTOMS OF HOPELESSNESS ARE PREVALENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald James III Ceo/director | 0 | $0 | |
Valerie J James Chaplain/bookkeeper | 20 | $0 | |
Valerie Jones Vice President | 0 | $0 | |
Valora James Secretary | 0 | $0 | |
Leonard Bell President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $150,559 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $150,559 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,800 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,622 |
| Printing, publications, postage, and shipping | $11,654 |
| Other expenses | $169,803 |
| Total expenses | $189,879 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,107 |
| Other assets | $0 |
| Total assets | $32,107 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,107 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hip-Hope Inc has recieved totaling $29,750.
| Awarding Organization | Amount |
|---|---|
Community Fdn Of Greater Des Moines Des Moines, IA PURPOSE: GRANT DISTRIBUTION | $15,000 |
Bravo Greater Des Moines Inc Des Moines, IA PURPOSE: PROGRAM FUNDING | $14,750 |
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